As part of the move, India would reduce tariffs on products of these LDCs' interest on a non-reciprocal basis. A list of the products has been prepared by UNCTAD (United Nations Conference on Trade and Development), which carried out an extensive study on these LDC's and their area of strengths.

The commerce ministry will now hold inter-ministerial consultations on the list of products prepared by UNCTAD before it is taken up for final approval, they said.

The government has also decided to give special and differential treatment to other LDCs in various Regional Trading Arrangements.